if you look at vick's open interest in options the last month or so, it's at an all-time high. the call ratio there which actually historically has been very predictive of these type of events is at or approaching historical lows, so certainly in that product alone, it suggests that investors have gotten positioned correctly. that said, overall option flows and stock flows certainly in the u.s. did not suggest that -- at least our clients, investors are protected i think to the degree that they should be. >> jim, good to see you. a reminder of the headlines if you're waking up today. darkening clouds over germany as business confidence posts a surprised fall. the chinese manufacturing factor has signaled a turnaround. facebook's jumped in after hours trading. the company showed it is able to make some money off mobile devices. >>> and still to come, do analysts like what the social network had to say? we'll get into that when we come back. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan,